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Trade in Question

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Old 01-14-2002 | 09:59 AM
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tomz17's Avatar
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Joined: Nov 2000
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Trade in Question

couple of questions

Ok, first off, how much did you guys actually get from your dealers when you traded in for 2k2's ?

according to nadaguides.com my maxima (16k miles, 2k Maxima SE automatic, perfect condition, c&c + sunroof)

NADA avg tradein value is $19,150
average retail value is $21,825

How realistic are these figures? How much should I expect?



I'm fairly confident I could talk my dealer down to invoice price (did it before), which is somewhere around $24-25k for the 2k2 I want (not sure if I can get him to drop destination charges again)... Now from what I understand I would only pay taxes on the DIFFERENCE between that price, and my trade in price!?

so I would end up taking a 5 grand or less hit? or is this unrealistic!?

How does this work in canda (trading in your old car, and taxes)... From my rough estimates i could probably shave off $2-3 grand by doing that (well worth the 6 hour or so drive each way, unless I end up having to pay that 2-3 grand back to uncle sam)

What if I sold my car here, and then bough a new maxima in canada (how do the taxes work out with that?)

Any thoughts? experiences?

-Tom Z.
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